What would happen if we got paid daily?

in money •  7 years ago  (edited)

This is something I have thought about a few times before, but this time I wanted to post it somewhere for people to see and possibly get other people input. This is also my first post so if you like it or an feedback let me know if that is even something you can do.

So lately I've wondered if life would be any different if the people who work paycheck to paycheck could have an easier life on the week to week basis. I think there are some pros and definitely cons to getting paid daily.

Pros: People are getting money daily instead of waiting all week for a paycheck
People would be less likely to make big purchases without thinking about it
If you ask someone for money you'll know they'll always have it.
Panhandling would probably be less of a problem
Kids in Africa would no longer starve

Cons: NOT A SINGLE ONE

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